do you lose on slots? - page 37. | Bitcointalksearch.org

nullama

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Quote from: klidex on May 19, 2023, 03:22:59 PM

~snip~

A gambling addict who does not want to get rid of addiction immediately will definitely get worse and will lose all valuables and savings.
Especially slot games which are faster increasing gambling addicts as I saw in the city say that there are some young people who don't know about gambling but after seeing slot advertisements he wants to try and ends up addicted to selling various valuables and houses.

Yeah, that's the thing, a gambling addict can cause a lot of damage to his life financially in a single session.

Even an alcoholic usually requires some time to actually make some permanent damage, but with a casino you can lose all your life's savings in a single night.

It's really something extremely bad if not kept under control.

klidex

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Quote from: Silberman on May 17, 2023, 04:31:17 PM

Quote from: Fivestar4everMVP on May 13, 2023, 04:09:42 PM

Quote from: Silberman on May 13, 2023, 03:54:36 PM

It is true is not easy but at the same time it has to be done, humans have to do all kind of things we do not like and yet we still do them, an example of this is exercise, I do not like exercising at all and I hate that feeling of fatigue I get after it, but I still do it because I know it is a good thing for my long term health, then if someone is experimenting some gambling issues, as hard as it could be to remain away from casinos they have to do it, as it is the best thing for them to do at that moment.

It is indeed the irony of life, when on the normal, people are supposed to find it easier to stay aways from gambling casinos, but still baffles me how addiction turns the table around, and make things that are easier to do much difficult, and then make things that are harder/difficult to do much more easier.

For me, it takes me much time to decide to gamble, even when I have the hunger for it, I still can only gamble on a day or week I have extra money possibly due to less expenses and all that..

And that example of exercising, that's so true, it pretty amuses me how we tend to find it easier to do things that are not important for our well being, compare to things are will keep us in good health mentally and physically.

This is why addictions are so dangerous as they invert the natural order, I like to gamble but just like you it is something I do occasionally, and if someone asked me I would have no problem staying out of it for as long as needed as I have a lot of other hobbies as well, but the addicted gambler is so immersed in the rabbit hole they cannot tell that what is happening is slowly destroying them and everyone around them, and by the time they realize this is the case it is too late to do anything about it.

A gambling addict who does not want to get rid of addiction immediately will definitely get worse and will lose all valuables and savings.
Especially slot games which are faster increasing gambling addicts as I saw in the city say that there are some young people who don't know about gambling but after seeing slot advertisements he wants to try and ends up addicted to selling various valuables and houses.

wiss19

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Quote from: Betwrong on May 17, 2023, 03:06:02 AM

Quote from: tusandii on May 10, 2023, 04:43:30 AM

Back to the topic, by the way, slot games are really not doing well where only small wins can be obtained and the opportunity to get big wins more often doesn't appear.
To be honest, I'm starting to have thoughts that I should move on to other bets such as sports betting.

The difference between playing slots and sports betting is that with slots you never know what the next spin will bring you, while in sports betting you know exactly what to expect: you either lose your bet or you win a certain amount, and you know what amount beforehand, you know what to expect. This uncertainty is attractive to those people who choose slots over other games. You are right, big wins happen rarely on slots, but they do happen, and that's why slots are so popular.

The fact is in slot machines what the next spin might bring is actually what makes it fun because you are always hopeful of getting something big out of it which might not happen very often but people tend to use slot machines more often than other gambling games and the reason as you said is obviously that it provides you with opportunities of winning big.

On the other hand, sports betting is something totally different, it is not only a game of luck just like slot machines where the outcome depends solely on one's luck while in sports betting, one will need skills and experience.

Lucasgabd

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Quote from: lizarder on May 17, 2023, 02:29:32 PM

Quote from: maydna on May 14, 2023, 08:27:47 AM

If luck doesn't come, even if we increase the bet amount, it still won't help us to get a win, and instead, we will experience a big loss. We've had it before, but some people even keep doing it because they keep hoping that by doing it, their luck will come, which it doesn't.

And that's the point of limiting gambling so we know when it's time to stop and can secure the remaining balance. We can play gambling at other times and not spend the balance we have just for that day. And maybe we will be luckier next time so we can win some money.

Usually I also use this pattern in playing slots and most of it will stop when a few rounds don't get any results, from what I have observed the slot spin pattern is almost the same and there is almost no formula to outsmart it. So playing limits when you're unlucky is a way to avoid defeat by leaving and stopping playing, because in the end we will also experience defeat if we keep pushing it.

Slot games will usually give a quick win when you are in a lucky condition and as far as I have observed it never lasts long and it's best when you get a win and continue playing in the next round then stop to secure the win, I apply this pattern in slots though conditions of winning or losing.

interesting strategy
like having a set number of games where you'll play before sitting to play?
you say to yourself "I'll play 4 games today" and that's it
you leave after 4 no matter what the result is?

rahmad2nd

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Quote from: Betwrong on May 17, 2023, 03:06:02 AM

Quote from: tusandii on May 10, 2023, 04:43:30 AM

Quote from: Betwrong on May 10, 2023, 04:21:39 AM

~

~
Back to the topic, by the way, slot games are really not doing well where only small wins can be obtained and the opportunity to get big wins more often doesn't appear.
To be honest, I'm starting to have thoughts that I should move on to other bets such as sports betting.

For example, every slot gambler wins his betting session with high win. that means, the casino will suffer unavoidable losses. As we all know, slot games tend to rely on luck rather than insight, skill, knowledge, and even analysis. therefore, every result cannot be estimated or predicted. many times, we only get small wins from game sessions. However, if luck is on your side, you can win many times the bet per spin. not infrequently, someone who is lucky can get free spins that are multiplied by 1000x. that is to say, hit the jackpot. to be honest, I've gotten it a few times, though not in big bets.

well, that seems like a good idea. you can try to bet on sports betting.

Quote from: Betwrong on May 17, 2023, 03:06:02 AM

The difference between playing slots and sports betting is that with slots you never know what the next spin will bring you, while in sports betting you know exactly what to expect: you either lose your bet or you win a certain amount, and you know what amount beforehand, you know what to expect. This uncertainty is attractive to those people who choose slots over other games. You are right, big wins happen rarely on slots, but they do happen, and that's why slots are so popular.

Rigth, we agree. Overall I agree with what you said. In sports betting, we know exactly what to expect. that means, what we are betting on the results will already be known if we win it. well, this is the difference from slot games. as you said, in slot games we never know the next spin will give us free spins or profitable rewards. all of that, there is no certainty. but uniquely, this type of slot game offers fantastic rewards and even wins can be 10-50× from our initial capital.

Silberman

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Quote from: Fivestar4everMVP on May 13, 2023, 04:09:42 PM

Quote from: Silberman on May 13, 2023, 03:54:36 PM

It is true is not easy but at the same time it has to be done, humans have to do all kind of things we do not like and yet we still do them, an example of this is exercise, I do not like exercising at all and I hate that feeling of fatigue I get after it, but I still do it because I know it is a good thing for my long term health, then if someone is experimenting some gambling issues, as hard as it could be to remain away from casinos they have to do it, as it is the best thing for them to do at that moment.

It is indeed the irony of life, when on the normal, people are supposed to find it easier to stay aways from gambling casinos, but still baffles me how addiction turns the table around, and make things that are easier to do much difficult, and then make things that are harder/difficult to do much more easier.

For me, it takes me much time to decide to gamble, even when I have the hunger for it, I still can only gamble on a day or week I have extra money possibly due to less expenses and all that..

And that example of exercising, that's so true, it pretty amuses me how we tend to find it easier to do things that are not important for our well being, compare to things are will keep us in good health mentally and physically.

This is why addictions are so dangerous as they invert the natural order, I like to gamble but just like you it is something I do occasionally, and if someone asked me I would have no problem staying out of it for as long as needed as I have a lot of other hobbies as well, but the addicted gambler is so immersed in the rabbit hole they cannot tell that what is happening is slowly destroying them and everyone around them, and by the time they realize this is the case it is too late to do anything about it.

lizarder

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Quote from: maydna on May 14, 2023, 08:27:47 AM

If luck doesn't come, even if we increase the bet amount, it still won't help us to get a win, and instead, we will experience a big loss. We've had it before, but some people even keep doing it because they keep hoping that by doing it, their luck will come, which it doesn't.

And that's the point of limiting gambling so we know when it's time to stop and can secure the remaining balance. We can play gambling at other times and not spend the balance we have just for that day. And maybe we will be luckier next time so we can win some money.

Usually I also use this pattern in playing slots and most of it will stop when a few rounds don't get any results, from what I have observed the slot spin pattern is almost the same and there is almost no formula to outsmart it. So playing limits when you're unlucky is a way to avoid defeat by leaving and stopping playing, because in the end we will also experience defeat if we keep pushing it.

Slot games will usually give a quick win when you are in a lucky condition and as far as I have observed it never lasts long and it's best when you get a win and continue playing in the next round then stop to secure the win, I apply this pattern in slots though conditions of winning or losing.

savetheFORUM

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Quote from: madnessteat on May 10, 2023, 02:01:48 PM

Quote from: TopTort777 on May 10, 2023, 06:12:16 AM

Gonna share my recent story of "success" Grin

I've got addicted to Crash kind of game. Just cant resist not to make a bet when I see those huge multiplier. Every time when I am about to click on "stop/jump" button, I choose to wait a bit more. Good that casino has a faucet and I can limit myself with that money (even though I have already lost all remains of previously deposited cryptos). Everything turned into a habit already. Every hours I login and play, even though I know well about addiction Cheesy

One of the most important things that I realized while gambling is that if a gambler does not limit his desires, he can lose quite a lot of money. I try not to play on a daily basis, because in my opinion the likelihood of gambling addiction in this case increases. I had acquaintances who gambled on a daily basis. It did not lead to anything good.

Common sense is only needed to realize this and even if not in gambling, the same thing can also be realized like for example if you don't have a control to buy your groceries. You will end up grabbing things that are outside your shopping list and you will lose all your money in your wallet.

The only exchange of that is you have the item and it might be useful for you. In gambling, we can lose our money as well but the return of it is that we experience a thrill or fun. I guess this is better than completely losing your money in the street or you got robbed. Gambling daily is not wrong in my opinion as long as control is still there. It can in fact help you to release your stress after a whole day of working.

Apocollapse

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Quote from: Lucasgabd on May 17, 2023, 09:22:05 AM

totally agree here
and it's much easier said than done
after big wins or big losses it's a good idea to take a deep breath and step away from gambling for a little bit.
give it TIME

Yeah most people aren't learn how to enjoy their day, when you have earn money through gambling, you need to quit and then celebrate it, treat it as your self reward. If you've lose all your bankroll through gambling, you need to remember you've earn money before and take it as a fun, not for chasing your losses.

People are only want to win, but they forget they need to accept their losses.

Lucasgabd

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Quote from: nullama on May 15, 2023, 07:03:41 PM

Quote from: CarnagexD on May 15, 2023, 08:25:02 AM

~snip~
And in terms of probabilities, if the odds are in your side the rule is to bet more and vice versa when the odds are not yours then you must derisk your funds.
However, the risk to reward ratio is poor. it is 0.9:1 plus transaction fees. You will eventually lose overtime if you overexpose yourself. This simply proves that the house are always in control of the outcome over the series of bets. So when you are in profit, don't give it back. Keep it and come back the next time when the odds are on your side.

Coming back would be a mistake.

It doesn't matter if it's another day or it's the same day, the only difference is that you might have gotten paid and therefore have extra money to spend in the casino.

If you manage to get ahead at any point in gambling, and you want to maximize your money, then the best move is to stop playing altogether, forever. That way you will end up with a positive amount of money earned from the casino, which is rare. And even rarer is someone that stops gambling after that rare event.

The odds are never on your side, always remember that.

totally agree here
and it's much easier said than done
after big wins or big losses it's a good idea to take a deep breath and step away from gambling for a little bit.
give it TIME

AicecreaME

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Quote from: Betwrong on May 17, 2023, 03:06:02 AM

Quote from: tusandii on May 10, 2023, 04:43:30 AM

Quote from: Betwrong on May 10, 2023, 04:21:39 AM

~

~
Back to the topic, by the way, slot games are really not doing well where only small wins can be obtained and the opportunity to get big wins more often doesn't appear.
To be honest, I'm starting to have thoughts that I should move on to other bets such as sports betting.

The difference between playing slots and sports betting is that with slots you never know what the next spin will bring you, while in sports betting you know exactly what to expect: you either lose your bet or you win a certain amount, and you know what amount beforehand, you know what to expect. This uncertainty is attractive to those people who choose slots over other games. You are right, big wins happen rarely on slots, but they do happen, and that's why slots are so popular.

I agree with this. You'll never really know what will be the outcome if you will play slots. There is no way to find out except waiting for the actual result of the game and basing on the rtp of the casino you can only hope to win luck based games. Unlike in sports betting, you can have higher chance of winning if you are knowledgeable and strategic in placing bets. If you know a lot of information about the team and its players, you'll likely win the bet basing on the patterns, history of the team players, and their records of winning, losing, as well as the whole performance in a game.

But despite having this cons in luck based games such as slots, there are still many people attracted in playing it. This is because it requires lesser effort to play since you don't have to be smart or skillful, but rather just be lucky enough to win. If a gambler don't want to play anything complex or anything that requires critical thinking, then slots is really a good option where you can also win and enjoy at the same time.

Betwrong

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Quote from: tusandii on May 10, 2023, 04:43:30 AM

Quote from: Betwrong on May 10, 2023, 04:21:39 AM

~

~
Back to the topic, by the way, slot games are really not doing well where only small wins can be obtained and the opportunity to get big wins more often doesn't appear.
To be honest, I'm starting to have thoughts that I should move on to other bets such as sports betting.

The difference between playing slots and sports betting is that with slots you never know what the next spin will bring you, while in sports betting you know exactly what to expect: you either lose your bet or you win a certain amount, and you know what amount beforehand, you know what to expect. This uncertainty is attractive to those people who choose slots over other games. You are right, big wins happen rarely on slots, but they do happen, and that's why slots are so popular.

nullama

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Quote from: CarnagexD on May 15, 2023, 08:25:02 AM

~snip~
And in terms of probabilities, if the odds are in your side the rule is to bet more and vice versa when the odds are not yours then you must derisk your funds.
However, the risk to reward ratio is poor. it is 0.9:1 plus transaction fees. You will eventually lose overtime if you overexpose yourself. This simply proves that the house are always in control of the outcome over the series of bets. So when you are in profit, don't give it back. Keep it and come back the next time when the odds are on your side.

Coming back would be a mistake.

It doesn't matter if it's another day or it's the same day, the only difference is that you might have gotten paid and therefore have extra money to spend in the casino.

If you manage to get ahead at any point in gambling, and you want to maximize your money, then the best move is to stop playing altogether, forever. That way you will end up with a positive amount of money earned from the casino, which is rare. And even rarer is someone that stops gambling after that rare event.

The odds are never on your side, always remember that.

CarnagexD

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Quote from: nullama on May 15, 2023, 06:07:46 AM

Quote from: len01 on May 15, 2023, 02:40:55 AM

~snip~
so, in this case, almost all casino games, not just slot games, have a bigger chance of winning and beating every customer. so there is no other way to avoid these things because gambling companies are designed to make a profit.
some people may deny statements like this, but the fact is that no gambler really wins at casino games except for 2 factors, namely luck or the gambler is the company's bookie himself.

on another issue, even though there are gamblers who win big from casino games including slot games, if it is calculated from the total loss, I am sure it will not be equal and in the end the house will still win.

It's just probabilities, there's nothing to deny.

The odds in the games in casinos are calculated so that they pay you less than the actual odds.

For example, if you toss a coin, there's a 50% chance you win if you bet on tails. The casino game would pay you, say, 90 cents if you bet $1 and win, but take your full $1 if you lose.

You can see how in the long term you will inevitably lose all your money in a game like that.

This is a simplified example, but all the games in a casino are like that.

Sure, you can bet $100 and win in your first try and get $90, and leave, but that rarely happens. Gamblers that win will continue to bet, losing their entire money eventually.

And in terms of probabilities, if the odds are in your side the rule is to bet more and vice versa when the odds are not yours then you must derisk your funds.
However, the risk to reward ratio is poor. it is 0.9:1 plus transaction fees. You will eventually lose overtime if you overexpose yourself. This simply proves that the house are always in control of the outcome over the series of bets. So when you are in profit, don't give it back. Keep it and come back the next time when the odds are on your side.

maydna

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Quote from: nullama on May 14, 2023, 07:37:59 PM

~snip~
The truth is that every single game in a casino has higher odds for the house to win, so eventually the gambler will lose everything to the house.

The casino has higher odds of being won by the house, but that doesn't stop gamblers from trying their luck. They don't seem to care about that and keep trying to play because they might get lucky in the next round. And that makes them keep playing slot games even though they know they can lose anytime. And this is where we have to be wise in playing gambling games, and if the opportunity to win doesn't come, we don't need to continue playing because it will only waste our money. But some people keep going so well, and it's up to them.

nullama

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Quote from: len01 on May 15, 2023, 02:40:55 AM

~snip~
so, in this case, almost all casino games, not just slot games, have a bigger chance of winning and beating every customer. so there is no other way to avoid these things because gambling companies are designed to make a profit.
some people may deny statements like this, but the fact is that no gambler really wins at casino games except for 2 factors, namely luck or the gambler is the company's bookie himself.

on another issue, even though there are gamblers who win big from casino games including slot games, if it is calculated from the total loss, I am sure it will not be equal and in the end the house will still win.

It's just probabilities, there's nothing to deny.

The odds in the games in casinos are calculated so that they pay you less than the actual odds.

For example, if you toss a coin, there's a 50% chance you win if you bet on tails. The casino game would pay you, say, 90 cents if you bet $1 and win, but take your full $1 if you lose.

You can see how in the long term you will inevitably lose all your money in a game like that.

This is a simplified example, but all the games in a casino are like that.

Sure, you can bet $100 and win in your first try and get $90, and leave, but that rarely happens. Gamblers that win will continue to bet, losing their entire money eventually.

len01

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Quote from: nullama on May 14, 2023, 07:37:59 PM

-snip

The truth is that every single game in a casino has higher odds for the house to win, so eventually the gambler will lose everything to the house.

so, in this case, almost all casino games, not just slot games, have a bigger chance of winning and beating every customer. so there is no other way to avoid these things because gambling companies are designed to make a profit.
some people may deny statements like this, but the fact is that no gambler really wins at casino games except for 2 factors, namely luck or the gambler is the company's bookie himself.

on another issue, even though there are gamblers who win big from casino games including slot games, if it is calculated from the total loss, I am sure it will not be equal and in the end the house will still win.

LUCKMCFLY

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Quote from: lienfaye on May 14, 2023, 11:46:21 PM

Quote from: klidex on May 13, 2023, 07:09:36 PM

Quote from: retreat on May 13, 2023, 12:37:11 PM

Quote from: Awraawra on May 10, 2023, 05:33:44 AM

Gambling is very risky if you want to gamble use an extra money and gamble that you can afford to lose. You may be able to play with your own and make sure that you are not getting addicted to it. Because once you get been addicted in that game you will be able to lose all your money.

It is true that when betting you have to be prepared to lose your money. But it's quite difficult to be able to bet without addiction, that's because of human nature, namely greed where when they lose something they will try to get it back. Therefore most people are trapped in this vicious circle. In fact, if they can manage their finances and bet according to their abilities, they can earn money from their games and many people have proven this.

The most control for me is betting smaller amounts and being able to afford to lose after that avoid thinking about a big win.
It's easy for me to avoid addiction like that it's just that everyone has different thoughts.
Especially slot gambling, if you can't control it all, you will get addicted quickly.

That's how it should be, to bet using small amount that you can afford to lose. But we know many of us do forget these basic rules when we gamble because of unable to control ourselves especially our emotions resulting to extended time of playing.

Well, it's a human nature to think you'll win when you gamble or if you stayed longer playing the particular slot. However the result is often the opposite of what you expected it to be. The reason why it's important that you know the risk when you started using your money in gambling to avoid thinking you'll end up in profit.

I very much agree to bet with extra money , since slots demand a lot of attention and it is very easy to bet more and more and when we realize it is that we no longer have enough money to bet , then this becomes a weapon double-edged, betting to have fun and with the option to win, especially the option to win , so my advice here is , when playing slots and you don't want to lose so much money, it's best to allocate money totally willing to lose, but it is not well seen that it sounds like that, but rather allocate that money to have fun "with the option of being able to win", if we see it that way it is much better.

lienfaye

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Quote from: klidex on May 13, 2023, 07:09:36 PM

Quote from: retreat on May 13, 2023, 12:37:11 PM

Quote from: Awraawra on May 10, 2023, 05:33:44 AM

Gambling is very risky if you want to gamble use an extra money and gamble that you can afford to lose. You may be able to play with your own and make sure that you are not getting addicted to it. Because once you get been addicted in that game you will be able to lose all your money.

It is true that when betting you have to be prepared to lose your money. But it's quite difficult to be able to bet without addiction, that's because of human nature, namely greed where when they lose something they will try to get it back. Therefore most people are trapped in this vicious circle. In fact, if they can manage their finances and bet according to their abilities, they can earn money from their games and many people have proven this.

The most control for me is betting smaller amounts and being able to afford to lose after that avoid thinking about a big win.
It's easy for me to avoid addiction like that it's just that everyone has different thoughts.
Especially slot gambling, if you can't control it all, you will get addicted quickly.

That's how it should be, to bet using small amount that you can afford to lose. But we know many of us do forget these basic rules when we gamble because of unable to control ourselves especially our emotions resulting to extended time of playing.

Well, it's a human nature to think you'll win when you gamble or if you stayed longer playing the particular slot. However the result is often the opposite of what you expected it to be. The reason why it's important that you know the risk when you started using your money in gambling to avoid thinking you'll end up in profit.

nullama

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Quote from: maydna on May 14, 2023, 08:27:47 AM

~snip~
If luck doesn't come, even if we increase the bet amount, it still won't help us to get a win, and instead, we will experience a big loss. We've had it before, but some people even keep doing it because they keep hoping that by doing it, their luck will come, which it doesn't.

And that's the point of limiting gambling so we know when it's time to stop and can secure the remaining balance. We can play gambling at other times and not spend the balance we have just for that day. And maybe we will be luckier next time so we can win some money.

The thing is that humans are not naturally good at calculating probabilities, instead of say, calculating the force to throw a rock to hit a target.

That means that only for very simple cases we would be able to naturally bet correctly.

Say for example I flip a coin, and you bet on what side appears. Most people would know that's a 50/50 scenario, but people think that if in the past there have been 4 heads, then the next one has more chances to be tails. That's wrong, as tails still has the original 50/50 chances.

And that's just a simple example, games in casinos are designed so that it looks like it's easier to win than what it really is.

The truth is that every single game in a casino has higher odds for the house to win, so eventually the gambler will lose everything to the house.

Topic: do you lose on slots? - page 37. (Read 6630 times)